President Donald Trump announced a new trade deal with the U.K., calling Thursday "an incredible day for America." Trump told reporters at the White House that "today’s agreement with the U.K. is the ...
Used car buyers are getting hit by higher prices for used cars as the auto market adjusts to President Donald Trump's 25% tariffs on auto imports.Used car prices in April were notably higher than in M...
Toyota executives predict President Donald Trump's automobile tariffs will cost the company $1.3 billion in April and May earnings. The automaker, which reported its highest-ever annual profit last ye...
Treasury Secretary Scott Bessent on Wednesday offered insights into how the Trump administration plans to approach the regulation of the digital asset industry during a congressional hearing.Bessent t...
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic ...
Newark Liberty International Airport (EWR) remains quiet on social media about the issues causing major delays, resulting in passengers and airlines changing travel plans.As of Wednesday morning, flig...
Economic uncertainty brought on by President Donald Trump's tariffs on U.S. trading partners is raising concerns that the economy could face stagflation if conditions persist.Stagflation is a term use...
The U.S. trade deficit grew to a record high in March after businesses stepped up their imports of goods in an effort to front-run tariffs.The Commerce Department on Tuesday reported that the trade de...
Trade tensions are hitting home for American furniture manufacturers. While 52% of the U.S.' $1.9 trillion in domestic furniture sales come from goods made in America, many companies still rely heavil...
Rite Aid has filed for bankruptcy for the second time in less than two years.The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a strat...
Barbie maker Mattel announced it is raising prices on some of its toys and "further reducing reliance on China-sourced products" as the company navigates a "volatile macro-economic environment and evo...
New data from the Internal Revenue Service (IRS) shows the size of the average tax refund received by taxpayers is up from a year ago.IRS data for the 2024 tax filing season through the week that ende...
